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  9. Q49
Question 49

Which of the following is not true of a private limited company?

  • A.The minimum number of shareholders is two
  • B.its shares are freely transferable
  • C.There is a limit to the number of shareholders
  • D.it is following separate legal entity
  • E.it is a registered business
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1996
Question no.
#49
Type
Objective
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